Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining Bitcoin News


Based on statistics on October 5, the whole computational energy backing the Bitcoin community tapped a contemporary all-time excessive reaching 321.15 exahash per second (EH/s). Simply after the document excessive, the community’s whole hashrate was coasting alongside above the 300 EH/s on Wednesday afternoon (ET) at round 303.87 (EH/s).

Bitcoin’s Hashrate Reaches a Lifetime Excessive in Phrases of Hashes per Second

On Wednesday, at block top 757,214, statistics from coinwarz.com exhibits Bitcoin’s whole hashrate reached an all-time excessive (ATH). BTC’s community hashpower information signifies that the final hashrate ATH was recorded on September 11, 2022, at block top 753,647, when it reached roughly 301.87 EH/s.

Bitcoin's Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
Bitcoin’s whole community hashrate reached an all-time excessive on October 5, 2022, at block top 757,214.

Earlier than the soar over 300 exahash, the community’s hashrate reached a previous ATH on June 8, 2022, at block top 739,928 reaching 292.02 EH/s. The newest whole computational energy ATHs are happening amid the crypto winter, as BTC costs are 70% under the crypto asset’s lifetime worth excessive on November 10, 2021 ($69K).

Moreover, the hashrate enhance has taken place at a time when BTC’s mining issue additionally tapped an all-time excessive in current occasions. At block top 753,984, the problem elevated from 30.97 trillion hashes to 32.05 trillion hashes.

Whereas it’s decrease right now at 31.36 trillion hashes, it’s anticipated to see a 7.10% enhance through the subsequent adjustment. If that adjustment estimate involves fruition, the problem may attain 33.59 trillion hashes on October 10, 2022.

The 321.15 exahash per second all-time excessive is the same as 0.32115 zetahash per second (ZH/s). Whereas an exahash is a quintillion, a single zetahash is an unfathomable 1,000,000,000,000,000,000,000 (one sextillion) hashes per second.

By 2:20 p.m. (ET), the whole hashrate dropped under 300 exahash and it’s presently coasting alongside at 287.98 EH/s.

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising right now.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, coinwarz.com

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